Odisha CM Launches Bhubaneswar Metro Project

08 Jan 2024 CW Team

In a momentous event, Chief Minister Naveen Patnaik initiated the Bhubaneswar Metro Rail project, marking the commencement of a state-of-the-art mass transit system for the capital city. The groundbreaking ceremony was accompanied by a mega roadshow, underscoring the significance of this transformative infrastructure endeavor.

The Bhubaneswar Metro Rail project is poised to revolutionise transportation in the region, providing residents with a modern and efficient mode of commuting. The grand foundation stone-laying ceremony, coupled with the extensive roadshow, symbolises the government's commitment to ushering in a new era of urban mobility in Odisha.

Naveen Patnaik's active involvement in the inauguration reflects the leadership's dedication to enhancing the quality of life for Bhubaneswar's residents. The metro project is expected to alleviate traffic congestion, reduce travel time, and contribute to the overall development of the city.

The event serves as a testament to Odisha's progressive vision, embracing advanced infrastructure solutions to meet the evolving needs of its growing population. With the Bhubaneswar Metro Rail project officially underway, the state anticipates a positive impact on economic activities, connectivity, and the overall livability of the capital.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..